Homes for sale - 1204 DERBY LN, Sarasota, FL 34242

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Ryan Ditmar

ryan@lineagere.com +1(407) 497-4717

$ 6,499,500

Est. payment | -/mo

10 Beds

10 Baths

7,052 SqFt

Save Virtual Tour

$ 6,499,500

Est. payment | -/mo

Save Virtual Tour

10 Beds

10 Baths

7,052 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 7,052 sqft

Price per Sqft $921

Subdivision Gulf View On Little Sarasota Bay

MLS Listing ID TB8395700

Bedrooms 10

Full Baths 8

Half Baths 2

HOA Y/N No

Year Built 2017

Annual Tax Amount $51,419

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 90x240

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Welcome to an unparalleled luxury coastal retreat in the heart of SIESTA KEY, home to Tripadvisor's #1 Beach in America! This turn-key luxury vacation rental boasts a potential $966,192 in first-year cash flow ($575,000+ from rental income and up to $391,192 from 100 percent bonus depreciation, reinstated by the Big Beautiful Bill), making it an extraordinary investment opportunity. Built in 2017 to the highest standards, this exquisite three-story estate offers 10 bedrooms, 8 full bathrooms, 2 half baths, 2 private heated pools, 2 outdoor kitchens, and a 4-car garage. Just steps from the world-renowned Siesta Key Beach via private deeded beach access, this property is a true diamond among Siesta Key's aging real estate market. With no rental restrictions, no HOA fees, a proven rental track record, excellent guest reviews, and steadily increasing occupancy and nightly rate performance, it's priced below Zillow Zestimate with motivated sellers.

The concrete block structure ensures durability, while the meticulously crafted interior features high-end finishes, including soaring ceilings, tile flooring, and gourmet kitchens with Jenn-Air appliances, granite countertops, solid wood cabinets, and expansive islands. Each master suite includes a spa-like en-suite bathroom with a soaking tub and stand-up shower. With 2 private entrances, 2 private elevators, and 2 private garages, this fully furnished estate is designed for guest convenience and low maintenance.

Perfect for investors seeking a high-performing asset in a prime location, this Siesta Key masterpiece combines modern amenities with the allure of America's top-rated beach. Don't miss this rare opportunity to own a luxury vacation rental with a stellar rental
history in one of the most coveted coastal destinations!

Location

State FL

County Sarasota

Community Gulf View On Little Sarasota Bay

Area 34242 - Sarasota/Crescent Beach/Siesta Key

Zoning RMF2

Rooms

Other Rooms Attic, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Great Room, Storage Rooms

Interior

Interior Features Cathedral Ceiling(s), Ceiling Fans(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Furnishings Furnished

Fireplace false

Appliance Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors

Garage Spaces 4.0

Fence Fenced, Masonry, Other

Pool Gunite, Heated, In Ground, Lap, Lighting, Salt Water

Community Features Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

View Y/N Yes

Water Access Yes

Water Access Desc Beach,Beach - Access Deeded,Brackish Water,Canal - Brackish,Intracoastal Waterway

View Pool, Water

Roof Type Metal

Attached Garage true

Garage true

Private Pool Yes

Building

Lot Description Corner Lot

Story 3

Entry Level Three Or More

Foundation Block

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Schools

Elementary Schools Phillippi Shores Elementary

Middle Schools Brookside Middle

High Schools Sarasota High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://nodalview.com/s/2OJmG-nbnCVucYoYDq2kOQ

Listed by CHARLES RUTENBERG REALTY INC

+1(407) 497-4717

ryan@lineagere.com

9209 Reymont Street, Orlando, FL, 32827, United States

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1204 DERBY LN Sarasota, FL 34242